EMC 1.08% 9.4¢ everest metals corporation ltd

I looked at the announcement and this what ive been able to...

  1. 765 Posts.
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    I looked at the announcement and this what ive been able to discern.

    Please correct me if im wrong

    next steps include YARBU dril results which have been marked as end of Q2.

    preparation for Midas drill programme

    Perseus drill targets

    Follow up on Dimer mid Q3 ( I'm guessing August start)

    Rover followup drilling end of Q3 or end of Q3

    Midas drill results (Q4 mid)

    Yarbu Followup end Q4

    Heres my thoughts on this:

    I agree with @@Gollada that the CR took the steam out for us.

    I think the intetion for drilling Midas and Perseus is to get lithium as a part of our portfolio to generate interest.

    Gold is considered boring against todays investment groups and since litium is all the rage right now having that as a part of our portfolio should open us up to a lot more investment oppurtunities.

    I am confused as to why we arent just focusing on DIMER and Yarbu and using our limited cash resources elsewhere at this point in time.

    I understand Rover still is a massive tenement and we frankly need more capital to be able to take it to mine so we should keep touching it just yet.

    But Dimer is a JORC mineable resource with another tenement closeby.

    we should atleast expand on that.

    This is accumalation stage for me.

    Anyhow just my 2 cents

    IMO DYOR









 
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